Sound Profits keep capitalism moving
Leonard Silk surveys profit as the engine of capitalism with figures on postwar corporate gains, Schumpeterian innovation, and the tension between profits, competition, and government regulation. He notes Nixon era policy aims to curb inflation while sustaining profits and outlines views from Knight, Schumpeter, Simon, Glyn, Sutcliffe and Nell on profit shares, wages, and labor power.
MENTIONED IN THIS ARTICLE
Leonard Silk
New York Times
Liza Minnelli
Frank Knight
University of Chicago
Joseph A. Schumpeter
Harvard
Xerox
Polaroid
Andrew Glyn
B.e Sutcliffe
Edward N. Nell
New School For Social Research
Glyn-Sutcliffe
United States
Britain
Nell
Nixon
Hwever
Organized Labor
George Meany
American Federation of Labor
Congress of Industrial Organizations
Editorial says wait on transit subsidy until budget clear
Illinois general assembly debates mass transit subsidies as CTA finances strain. House approves 17.85 million in aid through June with local matches. Senate opposes. Gov Walker plans budget due March 7, urging funding choices tied to overall revenue picture and federal aid options.
MENTIONED IN THIS ARTICLE
Illinois General Assembly
Chicago Transit Authority
CTA
Daniel Walker
House of Representatives
W. Robert Blair
Park Forest
Clyde L. Choate
D-Anna
House
Illinois
Downstate
Chicago
Blair
Choate
Senate
William C. Harris
Pontiac
Cook County
Rep
Sen
Harris
Walker
General Assembly
Crime rises on campuses and student fear grows
Campus crime climbs across major universities with six armed robberies at the University of Illinois Urbana in January, raids at Northwestern and Chicago, and thefts at Colorado Boulder. Officials note security costs rise while trust and campus life suffer as pro guards expand to citylike departments.
MENTIONED IN THIS ARTICLE
University of Illinois Urbana
University of Colorado
Boulder
University of Chicago
Northwestern University
Northwestern
Israel Defends Limited Blame for Libyan Jetliner Downing
Defense Minister Moshe Dayan acknowledged Israel bears some responsibility for the Sinai downing of a Libyan jet with 106 deaths and offered to help compensate victims’ families. The remark contrasts with official justifications. The piece contrasts calls for restraint with broader Middle East tensions and criticizes retaliatory impulses.
MENTIONED IN THIS ARTICLE
Middle East
Moshe Dzayan
Israel
Sinai Desert
Dayan
Walker keeps legislature at arm's length in early tenure
Gov Daniel Walker meets House Speaker W Robert Blair amid a tense session as lawmakers struggle over leadership and a pending mass transit subsidy. Walker keeps the legislature at arm's length while outlining a broad, undefined program and confirming executive orders will stay within jurisdiction.
MENTIONED IN THIS ARTICLE
Walker
New Breed of Office Buildings Emerges in Cities
After over 25 years of rapid construction, designers and developers in American business districts are delivering a distinctly new, improved type of office building with innovative exteriors and design approaches.
MENTIONED IN THIS ARTICLE
Walter McQuade
Fortune
Catholics Reject Pope Stand On Birth Control
Analysis notes a shift among American Catholics after the 1968 encyclical. By 1970 two thirds of Catholic women used methods disapproved by the church, rising to three quarters for under thirties, signaling a gulf between behavior and church orthodoxy with possible later official teaching changes. The text also discusses architecture trends in American corporate offices and their stylistic impact.
MENTIONED IN THIS ARTICLE
Charles F. Westoff
Larry Bumpass
U. S
Also Mentioned on This Page
Sou
Vietnam
Walter W. Heller
Gardner Ackley
Arthur M. Okun
Council of Economic Advisers
Kennedy
Johnson
Chicago Metropolitan Area
John C. Kluczynski
Highway Trust Fund
House Public Works
Ivy
FBI
Richard H. Icen
Lindsey-Schaub Newspapers
Robert Blair
Henry Hyce
Richard Icen
Lindsay- Schaub
Icen
Springfield
Executive Mansion
Douglas Kane
David Caravello
St. Xavier’s College
Kane
University of Ilinois
Louisville Courier-Journal
Champaign Urbana Courier
Michael Duncan
Abner Mikva
Congress
Adlai Stevenson
Stevenson
Duncan
Loyola University
Anthony Scariano
Pope
Southern
John C. Gardner
James K. Adams
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